AUDUSD Daily Analysis – December 20, 2019

AUDUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 0.6754. As long as the trend line support holds, the upside movement could be expected to continue and next target would be at 0.6920, followed by 0.7000. Key support is at 0.6838, only break below this level could bring the price back towards 0.6750.

AUDUSD 4-hour chart